A lagging economy, messy politics and negative interest rates have combined to brutalize European lenders, few more prominently than Deutsche Bank AG.
The German bank reported steep second-quarter falls in its investment-banking and securities-trading businesses, a potent sign of the bank’s acute struggles and of the deep malaise that has settled over Europe’s financial institutions.
http://www.wsj.com/articles/deutsche-bank-profit-plunges-1469597166